Five years ago, Kylie Jenner was a high school student at Laurel Springs in Ojai, California and occasionally appeared on her family’s Keeping Up With the Kardashians reality show. Today, her media empire extends about as far as the eye can see.
The financial magazine Forbes recently estimated that Kylie’s net worth hovers somewhere around the $900 million mark, making her not just the richest member of the Kardashian-Jenner clan, but on course to become the youngest self-made billionaire ever.
Mark Zuckerberg, the current record holder, hit the one billion mark at the relatively advanced age of 23.
Of course, the term “self-made” is open to interpretation and has some in the blogosphere up in arms. Forbes has used the term in the past to differentiate those who have inherited their wealth from those who have generated value on their own.
It’s debatable whether the term can be correctly applied to Jenner as her celebrity is entirely a product of being born into the “first family of American reality TV.”
A comparatively small part of Jenner’s fortune, somewhere around the figure of $100 million dollars, comes from her lucrative endorsement contracts with PacSun, Puma, and her appearances on her two reality shows: Keeping Up with the Kardashians and her spin-off series Life of Kylie.
The remaining $800 million is the estimated value of Kylie Cosmetics, the beauty company Jenner launched two years ago and owns in its entirety.
Having made headlines as a teenager for using lip implants, Kylie Cosmetics’ first product was a “lip kit,” which combined a lipstick and lip liner.
No one at the time imagined just how successful that simple product would become…